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in the house of representatives. in less than an hour, california congresswoman nancy pelosi will announce whether or not she'll run for another term as house minority leader. dana bash joins us from capitol hill. any early word, dana? >> reporter: well, our diedre walsh just called and said it looks like she is staying in her job. speaking with her caucus right now as we speak to talk about her future. there has been so much speculation about whether she would go, because she has yet another term in front of her where she is minority leader or whether she would stay and try one more time to get that speaker's gavel back, get the majority back. di diedre walsh is hearing she is staying in her role as leader. i was just down there moments before coming up and talking to you, talking to many democrats. that is what they said that they hoped would happen. she certainly has a lot of loyalty in her caucus. she has led it over the past ten years. she became democratic leader in 2002, has led it for the past ten years with an iron fist. she has raised tens of millions of dollars to help democrats
's a mandate here? >> i don't. because then they would have put nancy pelosi in charge of the house of representatives. see, i think these ideas that we talked about, i think they're popular ideas. this is a very close election. >> despite a scoreboard of 332 to 206, congressman paul ryan refuses to admit that president obama might have a mandate to push his agenda, a big part of which includes raising taxes on high earners. this week the president is holding court with ally and opponents to discuss the upcoming fiscal cliff. yesterday, at a meeting with progressive leaders the president said he would not give in to republican demands to extend all of the bush tax cuts. today he will meet with business leaders. the discussions underscore the president's opposing constituencies, but according to new york magazine's jonathan chaits the president has to do what he want -- joining us now from washington, "new york" magazine columnist by god jonathan chait. hello, my friend. >> thank you. >> jonathan, so the president met with progressive leaders yesterday and i think gave them some welc
don't, because then they would have put nancy pelosi in charge of the house of representatives. >> david, do you buy that? democrats gain in both the house and the senate. the president won the popular vote, well over 300 electoral votes and by big majorities, they told exit pollsters they agree with the president's position on tax policy. >> well, whether the president has a mandate is a matter of opinion. whether he has power is a matter of fact. this president now has enormous power, because of the expiring of all these various tax measures and because of the advent of the sequester. he's in a situation where he's in a doomsday contest with the republicans, but the doomsday bites republican constituencies harder than those of democrats and of course, the president doesn't have to face re-election so even if doomsday arrives he has less to fear from it than the republicans do. so he's in a very powerful position. and republicans are going to have to be very savvy about how they play this. to go back to your original question, about why -- what was the cause of the defeat, we'
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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